Zip Code:

12116, Maryland, NY

12116 is a New York Zip code within the city of Maryland and the county of Otsego County. Its population is roughly 1,712.

The Real Estate Market in the 12116 Zip Code of Maryland, NY

The 12116 zip code of Maryland, NY is located in the Hudson Valley region of New York. The zip code has a population of around 36,000 and has a median household income of $87,000. Home prices in the 12116 zip code have increased significantly over the past few years, reaching an all-time high of $310,000 in 2017. The main drivers of this increase are strong demand from buyers and limited supply due to restrictive zoning laws.

Home equity is important for many people because it provides them with a cushion against unexpected financial challenges. Home prices in the 12116 zip code are likely to continue increasing over the long term because there is strong demand from buyers and limited supply due to restrictive zoning laws. This means that home owners in the 12116 zip code will continue to see their homes appreciate in value over time.

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